As for financing, make sure to explore options for using rental income to qualify, and be prepared for a 20% down payment.

Credit is a factor as bad credit may limit options, or may have the lender require you to put 10 or 20 years of taxes and insurance into escrow. 

Have you considered creative financing options like joint ventures or seller financing to reduce reliance on outside capital?

Renovation loans can be a fantastic tool when you're ready to explore your options.

To leverage the equity for financing my next deal, a second mortgage seems like a more cost-effective option.

I did a lot of research on options.

They should have the option to install a security alarm at their own expense.

The RTP at 13.30 signals strong rental demand, making it a viable option for those looking to maximize cash flow.

Outside of raising money from others or seller financing, I am looking to see if there are private or other lending options that could cover 10-20% of a downpayment on these loans with a shorter loan term of say 5 years.

Quote from @Paige Seeley: @Jay Hurst even with 20% down, what non conventional options are you talking about?